The bar chart illustrates the proportion of an average house price, which was changed in five major cities between 1990 and 2002.
Overall, it is clear that almost all cities house prices decreased between 1990-1992. However, in the years 1996-2002 cities experienced significant increase in average house prices, especially London had dramatic increase at this period.
In the period of decreasing of house prices in New York, Tokyo and London, while Madrid and Frankfurt house pricing were mere 2%. Tokyo and London were the lowest in average house pricing and with the same figures at approximately -7% in 1990-1995. However, New York showed with the proportion of in average house pricing with -5%.
Changes between 1996 and 2002 in all cities were significant. New York average house pricing increased to 10% and reached to 5%. At this period London house pricing increased almost to 20%, which was dramatic increase in between 1990-2002.
The bar chart illustrates the proportion of an
average
house
price
, which was
changed
in five major
cities
between 1990 and 2002.
Overall
, it is
clear
that almost all
cities
house
prices
decreased between 1990-1992.
However
, in the years 1996-2002
cities
experienced significant increase in
average
house
prices
,
especially
London had dramatic increase at this period.
In the period of decreasing of
house
prices
in New York, Tokyo and London, while Madrid and Frankfurt
house
pricing
were mere 2%. Tokyo and London were the lowest in
average
house
pricing
and with the same figures at approximately -7% in 1990-1995.
However
, New York
showed
with the proportion of in
average
house
pricing
with -5%.
Changes
between 1996 and 2002 in all
cities
were significant. New York
average
house
pricing
increased to 10% and reached to 5%. At this period London
house
pricing
increased almost to 20%, which was dramatic increase in between 1990-2002.